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Is STM ready to make a move? Narrow Range Bar shows up after rising 0.4%
STM closed up 0.4% on Wednesday, August 26th, with volume running 0.5× below average. Narrow Range Bar was spotted, which could indicate a shift in momentum. Key support levels exist at 49.1, 48.54 & 48.11, with resistance at 50.09, 50.52 & 51.08. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of STM: D
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